![]() ![]() Subsequently, the township economy is currently attracting a great deal of policy interest in South Africa, primarily as a result of the persistence of concentrated poverty, unemployment and the lack of economic transformation since democracy, which is intrinsically linked to the historical of these areas.Īccording to the Gauteng Township Economy Revitalisation Strategy 2014-2019, the township economy”refers to enterprises and markets based in the townships. ![]() Asad Alam, the World Bank Group country director for South Africa, states that addressing the spatial inequalities reflected in townships is essential to improving the lives of its people. According to Currin (2020), South African townships remain as they were initially conceived, that is, spatially disconnected and alienated from mainstream economic activity. ![]()
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